Township Council Meeting — Packet

008400-2024 03/21/2025 11:24:46 AM Pg 1of2 Trans ID: TAX202538857 Daniel J. Pollak Attorney ID Number 039711988 Brach Eichler, LLC 101 Eisenhower Parkway Roseland, New Jersey 07068-1067 (973) 228-5700 Attorneys for Gladstone, Karen J GLADSTONE, KAREN J, ; Tax Court of New Jersey Plaintiff, : Docket Number: 008400-2024 vs. : Civil Action H Stipulation of Settlement TOWNSHIP OF WEST ORANGE, H Local Property Tax Defendant. H j i. It is hereby stipulated and agreed that the assessment of the following property be adjusted and a judgment be entered as follows: Block; 166.15 Lot: 11,04 Qualifier: C0304 Address: 304 Metzger Drive Year: 2024 Original Assessment County Board Judgment Tax Court Judgment LAND $ 463,000 $ 463,000 $ 463,000 IMPROVEMENT $ 162,000 $ 162,000 $77,400 TOTAL $ 625,000 $ 625,000 $ 540,400 The provisions of N.LS.A, 54:51A-8 (Freeze Act) shall not apply. 2. The undersigned have made such examination of the value and proper assessment of the property(ics) and have obtained such appraisals, analysis and information with respect to the valuation and assessment of the property(ies) they deem necessary and appropriate for the purpose of enabling them to enter into the Stipulation. The assessor to the taxing district has been consulted by the attorney for the taxing district with respect to this settlement and has concurred. 3. Based upon the foregoing, the undersigned represent to the Court that the above settlement will result in an assessment at the fair assessable value of the property(ies) consistent with the assessing practices generally applicable in the taxing district as required by law. BE.16048521.1/GLA084-283124